Silver Extends Gains on Weaker Dollar Ahead of NFP
The Silver price (XAG/USD) continued its upward trend on Thursday, rising 0.67% to around $65.70 during the European trading session.
This increase is attributed to the decline of the US Dollar (USD), which fell further due to moderate job demand in the United States private sector.
The US Dollar Index (DXY) traded close to Wednesday's low near 99.45, making it a favorable risk-reward bet for investors.